AVZ Discussion 2022
- Thread starter GazDix
- Start date
According to reliable source, it was confusion, fire even for Zijin-Cominiere legal Team.
"I have absolutely no desire to frequent HC, especially AVZ thread "
I lied, just went there for a quick peruse....
a) RESPONSE TO SHAREHOLDER COMMUNICATIONS BY FAT TAIL......thread 13/10/23
Tolate : 11 posts
Winenut : 8 posts
Timb89 : 6 posts
b) NEW MESS, THE SPILL IN PROGRESS.....thread 13/10/23
Tolate : 17 posts + 11 posts = 28
Winenut : 2 posts + 8 posts = 10
Timb89 : 13 posts + 6 posts = 19
MDRY : chimed in with 3 posts
Content.....
View attachment 46987
What's rhe problem chief? Tolate is a walking billboard against MMGA, let him post.
Is this a mistranslation? Zijin and Cominiere attacked United Cominiere, what does this mean?
Translation is:
"During the afternoon session of October 5 in arbitration in Paris, Zijin and
@cominiereSA
spent most of the time attacking United Cominiere (UC) and discrediting its CEO having the evidence and details not applied to the detriment of the people on the deal is contested by
@IgfRdc"
United Cominiere and Cominiere are 2 separate entities.
"Meanwhile, Tantalex’s joint venture subsidiary, United Cominiere SAS has completed a mandatory transfer of 10% of its share capital to the Congolese government upon the transformation of a research permit to a mining permit.
United Cominiere holds concessions 12447 and 12448 where the TiTan plant is located.
Following this transfer, the company’s subsidiary Sandstone Worldwide Limited will own 63% of United Cominiere SAS, Cominiere SA will own 27% and the Congolese government will own 10%."
-----------------------------------------------
It wouldn't surprise me if they are muddying the waters trying to point the finger at the German and his cronies since Nige and team are playing by the book and have their noses clean. They have to direct the heat somewhere. We aren't the only people Cominiere and CAMI fight with.
As Kiki reported in September:
Many analysts see this agreement between the Swiss giant Glencore and the Canadians from Tantalex as another strategy for opponents of the DATHCOM project with the Australians from AVZ MINERALS, which the Congolese government is blocking for political reasons.
Glencore, for its part, according to its executives, has no intention of operating or taking major stakes in lithium mines, preferring to use its traditional business model of providing debt financing in exchange for the supply of the mined product.
Commenting on the agreement, Hadley Natus, President of Tantalex, said: "This will be Glencore's first lithium investment in the DRC. They will bring their experience to the country. With battery metals, I don't see how people can turn a blind eye to the DRC.
"Tantalex Canadians reportedly own two permits in Tanganyika at Manono, PR 12447 and PR12448, "approved" by ministerial decree, signed by the Minister, Antoinette Nsamba Kalambayi, to be transformed into Mining Concessions:
"Toronto, Ontario, October 31, 2022 - Tantalex is pleased to announce that its 70%-owned DRC subsidiary, United Cominiere SAS, has been informed by the Ministry of Mines that research permits PR 12447 and PR12448 have now been transformed into mining concessions." The Canadian group announced on its website."
This is an incredible milestone for the Company, as it will generate positive cash flow for the Company in early 2023. This will be the most modern alluvial plant in operation in the DRC, and we believe it is likely to be just the first of many that we will install. As we progress with the development of the Manono lithium tailings project, our Titan project demonstrates to our investors, the DRC government and local stakeholders that Tantalex is serious about building production facilities in a sustainable way."
Tantalex's TiTanProject at Manono
- Tantalex can now proceed immediately with construction of the TiTantin and tantalum alluvial concentrate plant.
- Project to produce around 1,400 dmtof of tin concentrate and 220 dmtof of tantalum concentrate per year.
- Generate around US$30 million in annual revenues at current commodity prices. Production is scheduled to start in March 2023.
- Equipment and machinery already arrived and tested at Manono, ready for on-site assembly.
But for the moment, on the websites of the Mining Registry of DR Congo (CAMI) and COMINIERE, these two permits are still registered as 100% owned by the Congolese state-owned company.
What about the sums spent by Tantalex to take possession of the two permits, COMINIERE and the Congolese state in this agreement between the Canadians and the Swiss giant?
"During the afternoon session of October 5 in arbitration in Paris, Zijin and
@cominiereSA
spent most of the time attacking United Cominiere (UC) and discrediting its CEO having the evidence and details not applied to the detriment of the people on the deal is contested by
@IgfRdc"
United Cominiere and Cominiere are 2 separate entities.
"Meanwhile, Tantalex’s joint venture subsidiary, United Cominiere SAS has completed a mandatory transfer of 10% of its share capital to the Congolese government upon the transformation of a research permit to a mining permit.
United Cominiere holds concessions 12447 and 12448 where the TiTan plant is located.
Following this transfer, the company’s subsidiary Sandstone Worldwide Limited will own 63% of United Cominiere SAS, Cominiere SA will own 27% and the Congolese government will own 10%."
-----------------------------------------------
It wouldn't surprise me if they are muddying the waters trying to point the finger at the German and his cronies since Nige and team are playing by the book and have their noses clean. They have to direct the heat somewhere. We aren't the only people Cominiere and CAMI fight with.
As Kiki reported in September:
Many analysts see this agreement between the Swiss giant Glencore and the Canadians from Tantalex as another strategy for opponents of the DATHCOM project with the Australians from AVZ MINERALS, which the Congolese government is blocking for political reasons.
Glencore, for its part, according to its executives, has no intention of operating or taking major stakes in lithium mines, preferring to use its traditional business model of providing debt financing in exchange for the supply of the mined product.
Commenting on the agreement, Hadley Natus, President of Tantalex, said: "This will be Glencore's first lithium investment in the DRC. They will bring their experience to the country. With battery metals, I don't see how people can turn a blind eye to the DRC.
"Tantalex Canadians reportedly own two permits in Tanganyika at Manono, PR 12447 and PR12448, "approved" by ministerial decree, signed by the Minister, Antoinette Nsamba Kalambayi, to be transformed into Mining Concessions:
"Toronto, Ontario, October 31, 2022 - Tantalex is pleased to announce that its 70%-owned DRC subsidiary, United Cominiere SAS, has been informed by the Ministry of Mines that research permits PR 12447 and PR12448 have now been transformed into mining concessions." The Canadian group announced on its website."
This is an incredible milestone for the Company, as it will generate positive cash flow for the Company in early 2023. This will be the most modern alluvial plant in operation in the DRC, and we believe it is likely to be just the first of many that we will install. As we progress with the development of the Manono lithium tailings project, our Titan project demonstrates to our investors, the DRC government and local stakeholders that Tantalex is serious about building production facilities in a sustainable way."
Tantalex's TiTanProject at Manono
- Tantalex can now proceed immediately with construction of the TiTantin and tantalum alluvial concentrate plant.
- Project to produce around 1,400 dmtof of tin concentrate and 220 dmtof of tantalum concentrate per year.
- Generate around US$30 million in annual revenues at current commodity prices. Production is scheduled to start in March 2023.
- Equipment and machinery already arrived and tested at Manono, ready for on-site assembly.
But for the moment, on the websites of the Mining Registry of DR Congo (CAMI) and COMINIERE, these two permits are still registered as 100% owned by the Congolese state-owned company.
What about the sums spent by Tantalex to take possession of the two permits, COMINIERE and the Congolese state in this agreement between the Canadians and the Swiss giant?
Franck Fwamba
@FranckFwamba
·
1h
5 October afternoon at ICC in Paris, seems it was a nightmare for
@cominiereSA
-Zijin against
@AvzMinerals
& its key witness who has all important details & evidences on the contested deal. According to reliable source, it was confusion, fire even for Zijin-Cominiere legal Team.
Franck Fwamba
@FranckFwamba
·
1h
Lors de la session des apres-midi du 05 octobre en arbitrage a Paris, Zijin et
@cominiereSA
ont passe le gros du temps a attaquer United Cominiere (UC) et decredibiliser son DG ayant les preuves et details non appliques au detriment du peuple sur le deal conteste par
@IgfRdc
.
https://twitter.com/FranckFwamba/status/1712799651949146603/analytics
United Cominiere SAS, a joint venture between Tantalex (70%) and COMINIERE SA (30%), holds 2 adjacent permits PR12447 and PR12448, each encompassing about 390 ...
Maybe Zijin making out to be grossly misled over their 15% transaction or some such. What FRR? Like they never did their own DD lol. Feigning ignorance as a face saving exercise or to cover their delaying tactics in court. The ruling may well employ terms like frivolous and vexatious litigants. Good.
It doesn't have anything to do with the other tenements I don't think.
That just illustrates that CKK, CAMI and cronies screw around with everyone.
I'd be guessing, but references to United Cominiere and CEO are because Klaus and Co are ex AVZ and we know they aren't the straightest arrows.
So Zijin will be saying they didn't know about FROR or were at least told it didn't matter.
CKK and Co will be pointing at Klaus, Eric Allard etc because they've worked out they can't pin Nige and current management and that's their only avenue to throw shade at AVZ.
Klaus is/was part of TTX, so they'll be trying to include anything they think he might have done with TTX as a majority holder in United Cominiere that could be dodgy, whether true or not.
How it ties in exactly I don't know, but my best guess is something along these lines.
The shadow of Klaus looms large.
--------------------------------------------------------------------------
"Lithium Tantalex Resources Corp. (CSE: TTX - TSE: DW8 - OTCQB: TTLXF) ("Tantalex" or the "Company"), is pleased to announce that its DRC subsidiary, United Cominiere SAS, 70% owned, has been informed by the Ministry of Mines that Research Permits PR 12447 and 12448 have now been approved by ministerial decree for the transformation into mining concessions". This is the content of the first paragraph of Tantalex Lithium Resources Corporation's online press release.
Formerly Tantalex, before Mr. Klaus Eckoff of AJN Resources entered it in January 2022 as director, this listed company in Canada and Germany presents itself as "a mining company in the operating and development phase engaged in the acquisition, exploitation, development and distribution of lithium, tin, tantalum and other high-tech mineral properties in Africa. It is currently focusing on the development of its lithium assets in the prolific region of Manono in the Democratic Republic of Congo; The Manono lithium mining waste project and the Pegmatite corridor exploitation program".
It has as President Hadley Natus and Eric Allard as Chief Executive Officer, according to the above-mentioned statement.
In view of the following various final judgments of the Congolese justice system:
The RCE 7495 which endorsed the RCCM of January 20, 2022 as well as the decisions to delete the false RCCM of October 16, 2021;
RP19203 which declared the foreign company "Sandstone Word Wide Ltd" non-existent under Congolese law and dismissed it in court as well as Canadian citizen Eric Allard, its president, for lack of quality;
RPO 10247/10267 which sentenced Canadian citizen Eric Allard to 3 years of main criminal servitude and the payment of USD 50,000 in Damages for forgery and use of forgery;
RAC 2942, judgment before saying right, which ordered the suspension of this case on the basis of the "criminal who keeps the civilian in condition", whose request is the restoration of the additional or amending registration of the fraudulent RCCM of October 16, 2021;
Considering that there is to date no judgment contrary to all these judicial decisions that have become res judicata, and that they are said on behalf of the Congolese people and executed in the name of His Excellency the President of the Republic, Head of State;
Our citizen organizations and platforms want COMINIERE SA to be able to:
Remain impartial to disputes between partners and to deal only with shareholding as dedicated to the RCCM of January 20, 2022 because it is ratified by a final judgment;
Compose and deal only with the partners of UC SAS of whom RCCM is cited to resolve the dispute related to several tens of tons of mining products, containing essentially coltan, which have been the subject of fraud and illegal exploitation at the expense of individuals whose judicial file is pending at the prosecutor's offices and for which we hold an independent expert report of which we have read a copy;
Respect its recommendation made to shareholders, in its letter of February 4, 2021, to refer to justice to be divided by final judgments.
According to the information in our possession on the basis of the above-mentioned Expert Report, the company Afrimet Ressources of Hadley Natus, currently President of Tantalex, and its subsidiaries, including COPROCO, owe "UC SAS" money.
According to estimates made at the time for a member of the current government interested in this file, it would be around USD 9,146,488, distributed as follows:
8.650.000USD for 69.2 metric tons of coltan;
271.800USD for 15 tons of unidentified minerals if it is cassiterite; otherwise, that is, considering this as coltan the value will be 1.875,000USD which reduces the overall value to 10.749.688USD;
224.688USD for 12.4 tons of cassitérite.
The quantity of minerals indicated above was exploited, in the concessions of "UC SAS", illegally and fraudulently and then evacuated, clandestinely, in flagrant and harmful violation of the provisions of the commercial contracts that bound the two parties (UC and Afrimet/COPROCO).
Therefore, Excellency the Minister of Mines, we invite the Government of the Republic, particularly your Ministry and that of Justice as well as all the services and establishments dependent on it, including the Mining Cadastre, to take into account all the elements mentioned above, to respect the decisions of Justice valid to date and to draw all the consequences of law and administration towards foreign citizens Eric Allard and Hadley Natus on "UC SAS" (and its mining permits) to which they owe millions of US dollars for tens of tons of coltan fraudulently taken on Research Permits, contrary to Congolese laws including the revised Mining Code and Regulations.
This would be a significant contribution on your part to the consolidation of the business climate and at the same time would allow communities where minerals have been extracted to benefit from the mining fee on exported products.
That just illustrates that CKK, CAMI and cronies screw around with everyone.
I'd be guessing, but references to United Cominiere and CEO are because Klaus and Co are ex AVZ and we know they aren't the straightest arrows.
So Zijin will be saying they didn't know about FROR or were at least told it didn't matter.
CKK and Co will be pointing at Klaus, Eric Allard etc because they've worked out they can't pin Nige and current management and that's their only avenue to throw shade at AVZ.
Klaus is/was part of TTX, so they'll be trying to include anything they think he might have done with TTX as a majority holder in United Cominiere that could be dodgy, whether true or not.
How it ties in exactly I don't know, but my best guess is something along these lines.
The shadow of Klaus looms large.
--------------------------------------------------------------------------
"Lithium Tantalex Resources Corp. (CSE: TTX - TSE: DW8 - OTCQB: TTLXF) ("Tantalex" or the "Company"), is pleased to announce that its DRC subsidiary, United Cominiere SAS, 70% owned, has been informed by the Ministry of Mines that Research Permits PR 12447 and 12448 have now been approved by ministerial decree for the transformation into mining concessions". This is the content of the first paragraph of Tantalex Lithium Resources Corporation's online press release.
Formerly Tantalex, before Mr. Klaus Eckoff of AJN Resources entered it in January 2022 as director, this listed company in Canada and Germany presents itself as "a mining company in the operating and development phase engaged in the acquisition, exploitation, development and distribution of lithium, tin, tantalum and other high-tech mineral properties in Africa. It is currently focusing on the development of its lithium assets in the prolific region of Manono in the Democratic Republic of Congo; The Manono lithium mining waste project and the Pegmatite corridor exploitation program".
It has as President Hadley Natus and Eric Allard as Chief Executive Officer, according to the above-mentioned statement.
In view of the following various final judgments of the Congolese justice system:
The RCE 7495 which endorsed the RCCM of January 20, 2022 as well as the decisions to delete the false RCCM of October 16, 2021;
RP19203 which declared the foreign company "Sandstone Word Wide Ltd" non-existent under Congolese law and dismissed it in court as well as Canadian citizen Eric Allard, its president, for lack of quality;
RPO 10247/10267 which sentenced Canadian citizen Eric Allard to 3 years of main criminal servitude and the payment of USD 50,000 in Damages for forgery and use of forgery;
RAC 2942, judgment before saying right, which ordered the suspension of this case on the basis of the "criminal who keeps the civilian in condition", whose request is the restoration of the additional or amending registration of the fraudulent RCCM of October 16, 2021;
Considering that there is to date no judgment contrary to all these judicial decisions that have become res judicata, and that they are said on behalf of the Congolese people and executed in the name of His Excellency the President of the Republic, Head of State;
Our citizen organizations and platforms want COMINIERE SA to be able to:
Remain impartial to disputes between partners and to deal only with shareholding as dedicated to the RCCM of January 20, 2022 because it is ratified by a final judgment;
Compose and deal only with the partners of UC SAS of whom RCCM is cited to resolve the dispute related to several tens of tons of mining products, containing essentially coltan, which have been the subject of fraud and illegal exploitation at the expense of individuals whose judicial file is pending at the prosecutor's offices and for which we hold an independent expert report of which we have read a copy;
Respect its recommendation made to shareholders, in its letter of February 4, 2021, to refer to justice to be divided by final judgments.
According to the information in our possession on the basis of the above-mentioned Expert Report, the company Afrimet Ressources of Hadley Natus, currently President of Tantalex, and its subsidiaries, including COPROCO, owe "UC SAS" money.
According to estimates made at the time for a member of the current government interested in this file, it would be around USD 9,146,488, distributed as follows:
8.650.000USD for 69.2 metric tons of coltan;
271.800USD for 15 tons of unidentified minerals if it is cassiterite; otherwise, that is, considering this as coltan the value will be 1.875,000USD which reduces the overall value to 10.749.688USD;
224.688USD for 12.4 tons of cassitérite.
The quantity of minerals indicated above was exploited, in the concessions of "UC SAS", illegally and fraudulently and then evacuated, clandestinely, in flagrant and harmful violation of the provisions of the commercial contracts that bound the two parties (UC and Afrimet/COPROCO).
Therefore, Excellency the Minister of Mines, we invite the Government of the Republic, particularly your Ministry and that of Justice as well as all the services and establishments dependent on it, including the Mining Cadastre, to take into account all the elements mentioned above, to respect the decisions of Justice valid to date and to draw all the consequences of law and administration towards foreign citizens Eric Allard and Hadley Natus on "UC SAS" (and its mining permits) to which they owe millions of US dollars for tens of tons of coltan fraudulently taken on Research Permits, contrary to Congolese laws including the revised Mining Code and Regulations.
This would be a significant contribution on your part to the consolidation of the business climate and at the same time would allow communities where minerals have been extracted to benefit from the mining fee on exported products.
TDITD
Top 20
Twitter was excellent tonight. Franck you legendary bastard.
None of that hilarious bollocks Cominiere trotted out for an excuse matters, not one iota.
We had the key witness who had all the important info & evidence on the deal brokered between Cominiere & Zijin
That's right our Key witness was their consultant who's suggestions they ignored
The meeting was supposed to last 2.5hrs, all that was needed was 1.5hrs.......why so short, I hear you ask, well....
Fucking great stuff.
#FuckZIJIN
None of that hilarious bollocks Cominiere trotted out for an excuse matters, not one iota.
We had the key witness who had all the important info & evidence on the deal brokered between Cominiere & Zijin
That's right our Key witness was their consultant who's suggestions they ignored
The meeting was supposed to last 2.5hrs, all that was needed was 1.5hrs.......why so short, I hear you ask, well....
Fucking great stuff.
#FuckZIJIN
Twitter was excellent tonight. Franck you legendary bastard.
None of that hilarious bollocks Cominiere trotted out for an excuse matters, not one iota.
We had the key witness who had all the important info & evidence on the deal brokered between Cominiere & Zijin
That's right our Key witness was their consultant who's suggestions they ignored
The meeting was supposed to last 2.5hrs, all that was needed was 1.5hrs.......why so short, I hear you ask, well....
Fucking great stuff.
#FuckZIJIN
I have to agree with the final conclusion, ie FUCK ZIJIN
They know exactly what the damages bill will be, they calculated it themself on top of that there will be a substantial legal bill.
FUCK CKK TOO!
BRICK
Regular
Sorry i was late for work"I have absolutely no desire to frequent HC, especially AVZ thread "
I lied, just went there for a quick peruse....
a) RESPONSE TO SHAREHOLDER COMMUNICATIONS BY FAT TAIL......thread 13/10/23
Tolate : 11 posts
Winenut : 8 posts
Timb89 : 6 posts
b) NEW MESS, THE SPILL IN PROGRESS.....thread 13/10/23
Tolate : 17 posts + 11 posts = 28
Winenut : 2 posts + 8 posts = 10
Timb89 : 13 posts + 6 posts = 19
MDRY : chimed in with 3 posts
Content.....
View attachment 46987
And my fellow pleb who is this key witness?
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